天睿 2024年度报告

Fellow Stockholders, In 2024, Teradata advanced in our position as the TrustedAI Company. We believe that trusted data is foundational toachieving business value from artificial intelligence (AI) andthat our deep analytics, open and connected hybrid platformat scale will be essential for any organization looking toleverage AI. I am enthusiastic about the strong capabilitiesTeradata has to help customers now and in the future, and ourcontinuous innovation that enables us to keep advancing andwinning the AI market opportunity. AI/ML projects at scale that can deliver sustainable valueand predictive outcomes. In 2024, we enhanced ClearScapeAnalytics with new bring-your-own model capabilities that aredesigned to help enterprises deploy generative AI use casesand maximize the return on their AI investments. As we enter 2025, our eyes are on the growth horizon, andwe have already introduced our integrated Enterprise VectorStore, our in-database solution designed to cost-effectivelycombine structured and unstructured data with the speedneeded to get value out of complex business challenges. Webelieve that this offering expands our business opportunity asit paves the way for retrieval-augmented generation (RAG) anddynamic agentic AI use cases. Throughout the year, we oriented the organization on helpingour customers leverage the full potential of generative AIand we introduced a robust set of innovations designedto strongly position us with our hybrid trusted AI platform.We implemented measures to enhance our go-to-marketexecution, embraced an open and connected platformapproach, strengthened our brand in the rapidly evolving AImarket and expanded alliances with other market leaders toextend our reach. Looking ahead with confidence As more companies look to hybrid compute environments ofboth cloud and on-premises, increasingly adopt technologiesto support generative AI, and embrace the industry moveto open and connected ecosystems, we believe we are wellpositioned and see great opportunity ahead. Hybrid data analytics environment We are building upon our $609 million cloud business andleveraging our strength in on-premises technology to providecustomers with the hybrid data and analytics environmentsthey need. Companies have data both in the cloud and onpremises, and we see them becoming more sophisticated inhow they think about leveraging hybrid capabilities. It is notabout choosing between environments—it’s about effectivelyoperating across both in order to meet diverse business needsand drive faster decision-making, at the scale they require. Webelieve our hybrid capabilities of cloud and on-premises, alongwith our open and connected approach, are unmatched, andwe are seeing our strategy validated by customers, industryanalysts and partners. While customers rely on our technology to achieve theirbusiness results, it is our people that drive our success. Thepeople of Teradata are resilient and operate with outstandingdedication to our customers’ success, and we are confidentin our ability to deliver the data-driven insights that leadingenterprises need. We continue to operate in this growing market withdifferentiated technology capabilities, and we believe ourdeep analytics and our open and connected hybrid platformare fundamental for enterprises… and we have these now. We are maintaining our disciplined financial approach, investingin extending our technology strengths and promoting Teradataas a leader in data analytics, Trusted AI and hybrid cloudtechnology, while prudently managing costs and continuing ourcommitment to provide value creation for our stockholders. Technology innovations for the AI era Impactful results from AI and generative AI initiatives areonly possible through the ability to manage analytics andmodels at massive scale. At Teradata, this is our long-standingcore strength. Thank you, Our powerful analytics engine, ClearScape Analytics™, quicklyscales end-to-end AI/ML pipelines with accountability, security,and trust. With our analytics, companies are able to execute Steve McMillanPresident and CEO

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